The Secretary of Stateâs office is the central filing office for certain financing statements and other lien documents provided for in the Uniform Commercial Code (UCC). Filing with our office serves to perfect a security interest in named collateral and establish priority in case of debtor default or bankruptcy.
Corn is a major field crop in New York State with more than 1 million acres planted annually. Typically, grain corn (including dry-shelled and high-moisture) represents 55% of the acreage, whereas corn silage represents the remaining 45% of the acreage. Recently, corn has been a very profitable crop to grow because of relatively high yields as well as high prices received by farmers.
However, less than 5% of this corn acreage is used to produce fresh corn for consumers. The vast majority of cultivated corn is used to produce feed for livestock, ethanol fuel, and a variety of refined components include high fructose corn syrup (HFCS), corn oil, and corn starch.